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1  Bitcoin / Bitcoin Discussion / Re: Hey bitcoiner, how OLD are you? on: November 30, 2013, 05:25:35 AM
44 Unemployed Grin Cry
2  Economy / Trading Discussion / Re: BitPay Zimbabwe dollar to BTC exchange rate. on: November 25, 2013, 05:57:45 AM
According to the BitPay exchange rate page 1 BTC is worth 261752.2649 Zimbabwean dollars.

http://bitpay.com/bitcoin-exchange-rates

Yet the Zimbabwean dollar has ceased to exist since 2009 because of hyperinflation.

One of those 100 trillion Zimbabwean dollar notes which you can get on eBay for a few US dollars would fetch a huge amount of BTC at that rate.



Hi Tinus

Zim Dollars went through a "zero-trimming" procedure a while back, whilst Rands & US Dollars are more common in Zimbabwe now, the "new" rate after all the zeros where removed is correct. I don't remember how many zero's were removed, but it was a lot. So in effect the rate is for the New Zim Dollar.
3  Other / Beginners & Help / Re: ASICMiner Block Erupter Blade on: November 22, 2013, 04:55:38 AM
Why solo?
Those are about 10.7GH/s blades if overclocked and, even though quite fast, a solo miner on current difficulty will only expect to crack a single block in over 2800 days (7 years or so), by which time the reward per block will have dropped at least twice, so maybe a 8 btc reward if lucky, and the difficulty would have also gone up exponentially. And thats only if the block you working on turns out to be valid.

Unless you working with 2TH/s or better, I would stay away from solo mining or you will never get any results and the equipment would just eat up electricity.
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